Xenia has received multiple offers for the portfolio, which includes properties in Chicago, Denver and Salt Lake City. :
(Bloomberg)—Hyatt Hotels Corp. has emerged as a bidder for a portfolio of Kimpton hotels owned by Xenia Hotels & Resorts Inc., according to people with knowledge of the matter. Xenia has received multiple offers for the portfolio, which could fetch about $500 million, said one of the people who requested anonymity because the matter is private.